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Public Safety LTE Global Market Report 2023: Sector to Reach $47 Billion by 2028 at a 22% CAGR - ResearchAndMarkets.com


The "Public Safety LTE Market by Infrastructure and Services, Deployment Model, Applications, End User, and Region 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global public safety LTE market size reached US$ 13.7 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 47.0 Billion by 2028, exhibiting a CAGR of 22.81% during 2022-2028.

The rising utilization of public safety LTE by first responders, increasing government investments in upgrading existing network infrastructure, and integration of the Internet of Things (IoT) devices represent some of the key factors driving the market.

Public Safety LTE Market Trends:

The rising utilization of public safety LTE by various first responders, such as law enforcement officers, paramedics, firefighters, utility workers, and public health professionals, to establish a secure communication consisting of voice, data, high throughput videos, push-to-talk, multimedia messaging service (MMS), and short message service (SMS) is one of the primary factors driving the market growth. In addition to this, the widespread adoption of public safety LTE due to the increasing demand for high-speed connectivity and unified interoperability among agencies as it provides a dedicated mobile broadband network with high capacity and eliminates the existing interconnectivity issues between different networks, which in turn is propelling the market growth.

Furthermore, rising government investments in upgrading the existing network infrastructure to increase communication speed and provide better connectivity for crucial public welfare and economic activities are positively influencing the market growth. Apart from this, the recent development of ultra-compact and standalone base stations for public safety LTE that can be deployed in remote locations, such as rural mountains and woodland areas, is providing an impetus to the market growth.

Moreover, these ultra-compact base stations are designed to support the Internet of Things (IoT) devices, such as smoke alarms, motion detectors, security cameras, and wearables for emergency workers that help to increase the connectivity in sparsely populated areas and improve the operational efficiency, which in turn is favoring the market growth.

Other factors, including rising security concerns, the rapid development of smart cities, increasing demand for unmanned operations and remote surveillance, and the rising occurrences of natural calamities, such as floods, cyclones, earthquakes, and forest fires, are anticipated to drive the market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each segment of the global public safety LTE market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on infrastructure and services, deployment model, applications, and end user.

Infrastructure and Services Insights:

The report has provided a detailed breakup and analysis of the public safety LTE market based on the infrastructure and services. This includes infrastructure (evolved UMTS terrestrial radio access network (E-UTRAN), evolved packet core (EPC), and end-use devices) and services (consulting, integration, maintenance, and other services). According to the report, infrastructure represented the largest segment.

Deployment Model Insights:

A detailed breakup and analysis of the public safety LTE market based on the deployment model has also been provided in the report. This includes private LTE, commercial LTE, hybrid LTE, and others. According to the report, commercial LTE accounted for the largest market share.

Applications Insights:

A detailed breakup and analysis of the public safety LTE market based on the applications has also been provided in the report. This includes law enforcement and border control, firefighting services, emergency medical services, and disaster management. According to the report, law enforcement and border control accounted for the largest market share.

End User Insights:

A detailed breakup and analysis of the public safety LTE market based on the end user has also been provided in the report. This includes public safety agencies, industrial, transport, and utilities. According to the report, public safety agencies accounted for the largest market share.

Regional Insights:

Key Questions Answered in This Report:

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Public Safety LTE Market

6 Market Breakup by Infrastructure and Services

7 Market Breakup by Deployment Model

8 Market Breakup by Applications

9 Market Breakup by End User

10 Market Breakup by Region

11 Drivers, Restraints, and Opportunities

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape

Companies Mentioned

Kindly note that this only represents a partial list of companies, the complete list has been provided in the report

For more information about this report visit https://www.researchandmarkets.com/r/h53gze

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ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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